JPMorgan analysts believe that retail investors resolve to accumulate Bitcoins will only go stronger as we approach close to the next halving in mid-2024. After a strong start to the year 2023, Bitcoin (BTC) has been facing some selling pressure over the last few weeks. Over the last 24 hours, the BTC price has tanked by 2% slipping under $27,000. However, banking giant JPMorgan is confident that Bitcoin will continue to see retail demand until the next halving event of mid-2024. In a...
Read More »Ripple Eyes IPO as XRP Lawsuit Draws to End
XRP’s lawyer thinks the outcome could be determined by September based on recent events. In light of this, Ripple is allegedly meeting with investors to discuss their interest in an IPO. As its legal battle related to XRP with the Securities and Exchange Commission (SEC) draws to a close, there are rumors that Ripple may conduct an IPO. Wall Street expert Linda Jones hinted at the possibility by outlining the advantages of a potential initial public offering. Linda used information from...
Read More »Daniel Shin, Co-Founder of Terra USD, Charged in South Korea
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Prosecutors in South Korea have filed charges against Daniel Shin, the co-founder of Terraform Labs (the firm behind Terra USD) alongside Do Kwon, who was recently arrested while traveling through Europe. Daniel Shin Is Facing Charges in South Korea Shin is the man – aside from Kwon – who reportedly brought...
Read More »Stellar Lumen (XLM) Price Eyes Fresh Increase Above $0.092
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Stellar lumen price started a downside correction from the $0.0945 zone against the US Dollar. XLM price is now trading above $0.090 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.0916 on the 4-hour chart (data feed via Kraken). The pair could...
Read More »Ripple Price Analysis: Bulls In Control Above $0.50
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price is facing resistance near the $0.550 level against the US dollar. The price is now trading above $0.50 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.5280 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could...
Read More »Lido DAO (LDO) Soars 17% Weekly, Bitcoin (BTC) Maintains $27K (Weekend Watch)
Bitcoin has remained stuck during the weekend amid the lower trading volumes but still stands above $27,000. The altcoins are also quiet on a daily scale, but several – such as LDO, INJ, and QNT, have produced massive weekly gains. BTC Flat at $27K It was less than a week ago, on Monday when the primary cryptocurrency initiated a massive leg-up that resulted in tapping a three-week high at $28,500. This came after the initial deal reached by the US government in regard to the...
Read More »Tron Explodes 10% Daily, Bitcoin Stable at $27K (Weekend Watch)
Bitcoin’s price has settled at around $27,000 after dipping below that level on a few occasions during the working week. Most altcoins are also quiet today, aside from Tron, which has skyrocketed by double digits. BTC Calm at $27K Although Monday started on a highly positive note, after the US government’s debt ceiling deal and BTC skyrocketed to a two-week high at $28,500, the week didn’t turn out all that well for the asset. It was rejected there, which brought it back down...
Read More »New Pepe the Frog Meme Currency Is Exploding in Price
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Meme coins are all the rage, and now it appears one based on the infamous image of Pepe the Frog is making waves in the crypto industry and witnessing price hikes like no other in its category. Pepe the Frog Is Now a Currency! Meme coins have always been extremely popular. One of the biggest ones – Dogecoin –...
Read More »zkPass Protocol Wins First Season of Binance Web3 Reality Show
zkPass protocol was selected from a list of more than 900 applicants and will now receive strategic funding from Binance Labs as well as four other finalists. A decentralized open-source protocol that focuses on identity verification solutions zkPass has been crowned the winner of a metaverse show sponsored by the leading cryptocurrency exchange Binance. According to the announcement, the Binance metaverse show was seeking to crown the next big Web3 entrepreneur amongst a huge group of...
Read More »OpenAI CTO’s Twitter Account Hacked, Used to Promote Fake $OPENAI Crypto Airdrop
The fake $OPENAI token tweet remained active for about an hour. Another story of hackers compromising the Twitter accounts of famous personalities to steal crypto has come to light with the news that OpenAI Chief Technology Officer Mira Murati’s account was hacked. A yet-to-be-identified entity managed to gain unauthorized access to her account. The hacker used Mira’s Twitter account to promote a fake $OPENAI token airdrop, claiming that the token was motivated through AI-based language...
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